[Bigiron]

Banks to remove clickable links in emails, SMSes sent to customers as part of new security measures

The Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) said that these measures will bolster the security of digital banking, given that it will lengthen the time taken for certain online banking transactions, and also provide an additional layer of security to protect customers’ funds. 

➡️ https://tdy.sg/3KmF6qd 

@todayonlinesg

[debono]

Banks to remove clickable links in emails, SMSes sent to customers as part of new security measures

The Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) said that these measures will bolster the security of digital banking, given that it will lengthen the time taken for certain online banking transactions, and also provide an additional layer of security to protect customers’ funds. 

➡️ https://tdy.sg/3KmF6qd 

@todayonlinesg

This is good news as the banking sectors are all at risks.......

[Sharexchange]

huh? so inconvienient leh....lousy la....sg bank...

[watchfirst9]

This is good news as the banking sectors are all at risks.......

[p1acebo]

My default threshold limit is $0.01 ie I get notified of every single transaction

[SotongOngTee]

Heng.......aaah, am vulnerable only first few days after payday and limited to 1.2k max.

[luncheonmeat]

Nowaday even medisave top up oso must use digital apps. Garabgemen forcing us to go digital and leading old hundred surnames to horlan with their inept cyber security.

[Sentinel]

• [size=11]Sending notification to a customer's existing mobile number or email registered with the bank whenever there is a request to change a customer’s mobile number or email address[/size]
  

What does this notificatión serve? What is needed is an OTP sent to a registered email to be approved before any change can be done, especially for any change in the registered phone number

Nowadays, the registered phone number is central to almost all dealings, so any change must be properly approved and no breach

Knn, again, these idiots dont seem to know their job at all

[starbugs]

So this is an implicit admission that the banks have sent clickable links before to customers, and hence there was a security oversight.

[starbugs]

I received two authentic emails from DBS today.

One is to say that they will remove clickable links from emails and SMS wef today.

Guess what, the second email to confirm a transaction still has a clickable link (leading to the DBS homepage). Fail.